Last Updated: November 13, 2025
PLEASE READ THIS RISK DISCLAIMER CAREFULLY BEFORE USING SOURCELESS WALLET
## ⚠ Important Warning
Cryptocurrency investments and transactions carry significant risks. By using Sourceless Wallet, you acknowledge that you understand and accept these risks. This disclaimer highlights key risks but is not exhaustive. You should conduct your own research and consult with qualified professionals before engaging in cryptocurrency activities.
## 1. Cryptocurrency Risks
### 1.1 Extreme Volatility
- Cryptocurrency prices can fluctuate dramatically within short time periods
- You may lose some or all of your invested capital
- Past performance does not guarantee future results
- Market conditions can change rapidly and unpredictably
### 1.2 Irreversible Transactions
- All blockchain transactions are permanent and irreversible once confirmed
- Sending funds to the wrong address results in permanent loss
- There is no "undo" buton or customer service to reverse transacPtins
- Always verify recipient addresses before confirming transactions
### 1.3 Regulatory Uncertainty
- Cryptocurrency regulations vary widely by jurisdiction and are constantly evolving
- Future regulatory changes may affect the legality, value, or usability of cryptocurrencies
- Tax obligations for cryptocurrency transactions vary by country
- You are responsible for understanding and complying with your local laws
### 1.4 Market Liquidity
- Some cryptocurrencies may have limited liquidity
- You may not be able to sell your assets quickly or at desired prices
- Low liquidity can lead to significant price slippage
- Trading volumes can vary dramatically between different tokens
## 2. Technical Risks
### 2.1 Blockchain Network Risks
- Blockchain networks may experience congestion, delays, or downtime
- Network upgrades or forks may create compatibility issues
- Consensus failures or 51% atacks could compromise network security
- Gas fees can spike unexpectedly during periods of high network activity
### 2.2 Smart Contract Risks
- Smart contracts may contain bugs, vulnerabilities, or design flaws
- Exploits in smart contracts can result in loss of funds
- Decentralized protocols (like Uniswap) operate autonomously without central oversight
- Code audits do not guarantee the absence of vulnerabilities
### 2.3 Software Risks
- Sourceless Wallet may contain bugs or errors
- Updates or changes to operating systems may affect app functionality
- Third-party services (RPC providers, APIs) may fail or become unavailable
- Network connectivity issues may prevent access to your funds
### 2.4 Dependency on Third Parties
- The App relies on third-party blockchain networks and services
- We do not control these services and cannot guarantee their availability
- Failures in third-party infrastructure may prevent you from accessing funds
- API providers may change or discontinue their services
## 3. Security Risks
### 3.1 Seed Phrase and Private Key Security
- CRITICAL: Your seed phrase is the master key to your wallet
- Anyone with access to your seed phrase can steal all your funds
- Lost seed phrases cannot be recovered - your funds will be permanently lost
- We do not store or have access to your seed phrase
### 3.2 Device Security
- Malware or viruses on your device may compromise your wallet
- Unauthorized physical access to your device may result in theft
- Rooted or jailbroken devices have increased security vulnerabilities
- Operating system vulnerabilities may be exploited
### 3.3 Phishing and Social Engineering
- Fraudsters may impersonate Sourceless Wallet to steal your credentials
- Never share your seed phrase or private keys with anyone
- Always verify you are using the official Sourceless Wallet app
- Be cautious of unsolicited messages or requests for wallet information
Alexandr Blockchain Dev, [17.11.2025 14:12]
### 3.4 Cybersecurity Threats
- Hacking attempts may target cryptocurrency users
- Man-in-the-middle attacks may intercept transactions
- Clipboard hijacking malware may change copied addresses
- SIM swap attacks may compromise two-factor authentication
## 4. User Responsibility Risks
### 4.1 Self-Custody Responsibility
- As a non-custodial wallet, you are solely responsible for your funds
- There is no customer support to recover lost passwords or seed phrases
- There is no insurance or protection for lost or stolen funds
- You must maintain proper backups of your wallet credentials
### 4.2 Transaction Errors
- Sending funds to the wrong address results in permanent loss
- Entering incorrect amounts or gas fees may waste funds or cause transaction failures
- Copy-paste errors can lead to fund loss
- Always double-check transaction details before confirming
### 4.3 Knowledge Requirements
- Cryptocurrency technology is complex and requires technical understanding
- You should educate yourself about blockchain, gas fees, and transaction mechanics
- Lack of understanding may lead to costly mistakes
- We are not responsible for losses due to user error or misunderstanding
## 5. Financial Risks
### 5.1 Total Loss of Capital
- You may lose 100% of your invested capital
- Cryptocurrency investments are not suitable for everyone
- Only invest what you can afford to lose completely
- Cryptocurrencies are not insured by government agencies (e.g., FDIC)
### 5.2 No Guarantees or Returns
- There are no guaranteed returns on cryptocurrency investments
- Promises of guaranteed profits are typically scams
- High returns come with high risks
- Diversification does not eliminate risk
### 5.3 Opportunity Cost
- Funds locked in cryptocurrency cannot be used for other purposes
- Market downturns may require holding positions at a loss
- Liquidity constraints may prevent timely exit from positions
## 6. Swap and DeFi Risks
### 6.1 Decentralized Exchange Risks
- DEX protocols operate without central oversight or customer support
- Impermanent loss may occur when providing liquidity
- Slippage may result in receiving less than expected amounts
- Front-running and MEV (Miner Extractable Value) attacks may affect your trades
### 6.2 Token Risks
- Some tokens may be scams or have no real value
- Rug pulls (developers abandoning projects) can cause total loss
- Low liquidity tokens may be difficult to sell
- Token contracts may contain malicious code
### 6.3 Gas Fee Risks
- Failed transactions still consume gas fees
- Gas prices can spike unexpectedly, making transactions expensive
- Insufficient gas fees may cause transactions to fail
- Complex transactions (like swaps) require more gas
## 7. Legal and Tax Risks
### 7.1 Legal Compliance
- You are responsible for complying with all applicable laws
- Cryptocurrency use may be illegal or restricted in your jurisdiction
- Regulations can change without notice
- Legal consequences may arise from non-compliance
### 7.2 Tax Obligations
- Cryptocurrency transactions may have tax implications
- You are responsible for reporting and paying all applicable taxes
- Tax laws for cryptocurrency are complex and evolving
- Failure to comply with tax obligations may result in penalties
### 7.3 Jurisdiction Differences
- Laws vary significantly between countries and regions
- What is legal in one jurisdiction may be illegal in another
- Cross-border transactions may have additional legal complexities
## 8. Operational Risks
### 8.1 No Customer Support for Funds
- We cannot recover lost funds, passwords, or seed phrases
- There is no "account recovery" process
- Customer support cannot reverse transactions or resolve blockchain issues
- You are on your own if you make a mistake
### 8.2 App Discontinuation
- The App may be discontinued or modified at any time
- We are not obligated to maintain or update the App
- Future versions may not be compatible with your wallet
- Always maintain independent backups of your seed phrase
Alexandr Blockchain Dev, [17.11.2025 14:12]
### 8.3 Force Majeure
- Events beyond our control (natural disasters, wars, government actions) may affect service
- We are not liable for losses due to force majeure events
## 9. Specific Risk Scenarios
### 9.1 Scam Tokens and Honeypots
- Some tokens are designed to be impossible to sell after purchase
- Always research tokens before purchasing
- Be suspicious of tokens with extremely high APY or suspicious marketing
### 9.2 Network Congestion
- During high network activity, transactions may be delayed or expensive
- Time-sensitive transactions (like arbitrage) may fail due to delays
### 9.3 Exchange Rate Risk
- Conversion between cryptocurrencies involves exchange rate risk
- Stablecoins are not always stable and may de-peg from their target value
## 10. No Liability
SOURCELESS WALLET AND ITS DEVELOPERS ARE NOT LIABLE FOR ANY LOSSES, DAMAGES, OR CONSEQUENCES ARISING FROM:
- Your use or inability to use the App
- Cryptocurrency price volatility
- Lost or stolen seed phrases or private keys
- Transaction errors or mistakes
- Smart contract failures or exploits
- Third-party service failures
- Regulatory changes or legal consequences
- Hacks, theft, or unauthorized access
- Any other risks described in this disclaimer or otherwise
## 11. Acknowledgment and Acceptance
BY USING SOURCELESS WALLET, YOU ACKNOWLEDGE THAT:
✓ You have read and understood this Risk Disclaimer
✓ You understand the risks of cryptocurrency transactions
✓ You accept full responsibility for any losses
✓ You will not hold Sourceless Wallet liable for any damages
✓ You are using the App at your own risk
✓ You have the technical knowledge to use the App safely
✓ You will implement appropriate security measures
✓ You understand that transactions are irreversible
✓ You accept that lost seed phrases cannot be recovered
✓ You will comply with all applicable laws and regulations
## 12. Recommendation
BEFORE USING SOURCELESS WALLET:
1. Educate yourself about cryptocurrency and blockchain technology
2. Start with small amounts to familiarize yourself with the App
3. Secure your seed phrase in multiple safe locations
4. Use strong passwords and enable biometric authentication
5. Keep your device secure with updated software and antivirus protection
6. Verify all transaction details before confirming
7. Research tokens before purchasing
8. Understand gas fees and how they work
9. Consult professionals for financial, legal, or tax advice
10. Never invest more than you can afford to lose
## 13. Contact Information
This is a disclaimer, not advice. For questions, contact:
Email: support@sourceless-wallet.com
Repository: https://github.com/3JlblgEHb/str-wallet-MVP
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⚠ WARNING: Cryptocurrency is extremely risky. Only invest what you can afford to lose completely.
Last Updated: November 13, 2025
Version: 1.0.0